India’s space policy overhaul aims to transition ISRO from manufacturing to frontier science and strategic technologies, fostering a burgeoning private sector while safeguarding critical capabilities. Jairam Ramesh’s accusation that the Modi government is “strangulating and emasculating” the Indian Space Research…
As digital banking reliance grows, financial institutions are fortifying protections around account numbers to combat rising fraud risks, highlighting their critical role in modern banking security. A bank account number is the string of digits, and sometimes letters, that pinpoints…
India’s government increases capital expenditure to support infrastructure growth and private investment, emphasising quality and digitalisation for sustainable expansion. India’s public investment drive has gathered pace, with capital spending in June rising sharply year on year and the wider budgetary…
Personal Finance & Wealth
Investors should carefully track total long-term capital gains from equity mutual funds, as aggregated gains exceeding Rs 1.25 lakh are taxed under new India tax rules, impacting long-term wealth growth. For investors building long-term wealth through equity mutual funds, the…
As the industry moves towards hybrid models combining traditional bureau data with alternative signals, lenders must navigate the complexities of governance, compliance, and transparency to deliver faster, more accurate credit decisions. Credit scoring has become one of the most important…
Power Finance Corporation withdrew a planned three-year bond issue amid rising yields and investor demand for higher premiums, highlighting escalating funding costs in India’s corporate debt sector yet successfully raising ₹2,500 crore through a 15-year bond. Market caution persists with…
The Customs, Excise and Service Tax Appellate Tribunal in New Delhi has overturned a ₹60 crore Service Tax demand against Twenty Four Guarding Private Limited, emphasising the need for evidence-based assessments and cautioning against reliance on assumptions and incomplete data.…
First Internet Bank extends its digital legacy by introducing AI-powered assistants that enable customers to query account data in natural language, marking a significant step in AI-driven financial services. First Internet Bank, which began in 1999 as the US’s first…
While group term life insurance offers employees a cost-effective benefit tied to employment, supplementing it with individual policies ensures greater control and long-term security, addressing gaps in coverage caused by job changes or unmet financial obligations. Group term life insurance…
